INVICTA HOLDINGS LIMITED - Voluntary announcement regarding long term supply agreement and acquisition of sales branches concluded

Voluntary announcement regarding long term supply agreement and acquisition of sales branches concluded

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta" or “the Company”)


VOLUNTARY ANNOUNCEMENT REGARDING LONG TERM SUPPLY AGREEMENT AND
ACQUISITION OF SALES BRANCHES CONCLUDED BETWEEN BEARING MAN GROUP
(PROPRIETARY) LIMITED (“BMG”) AND FENNER CONVEYOR BELTING SOUTH AFRICA
(PROPRIETARY) LIMITED (“FENNER”) (“THE TRANSACTION”)

Invicta is pleased to announce that its subsidiary BMG has entered into a long-term agreement with Fenner
in terms of which BMG will distribute Fenner conveyor belting products in specified territories in Sub-
Saharan Africa on an exclusive basis and on a non-exclusive basis in the rest of Africa.

Fenner’s South African conveyor belt plant will supply BMG with conveyor belting for South Africa and
the other specified territories.

As part of the Transaction, BMG will also acquire the Engineered Conveyor Solutions (“ECS”) service
operations and related assets of Fenner in South Africa.

The Transaction is an exciting opportunity for both BMG and Fenner to further strengthen the existing
long-term relationship between the respective companies. The Transaction will enable both BMG and
Fenner to harness their respective strengths and develop sales opportunities in South Africa and the wider
Sub-Saharan territories for conveyor belting, using the well-respected and well-established branch and
distributor network operated by BMG.

The Transaction is conditional on clearance from the relevant competition authorities.

Although the Transaction falls below the threshold of the categorisation of transactions which require
disclosure in terms of the JSE Limited's Listings Requirements, the board of Invicta deemed it appropriate
to inform shareholders of the Transaction.

Cape Town
25 July 2017

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 25/07/2017 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.